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OECD Science, Technology and Industry Outlook 2012

image of OECD Science, Technology and Industry Outlook 2012

Based on the latest information and indicators in science and innovation, the OECD Science, Technology and Industry Outlook 2012 reviews key trends in STI policies and performance in OECD countries and major emerging economies, and across a number of thematic areas. In this edition, individual policy profiles and country profiles trace the driving role that science, technology and innovation are expected to continue to play towards a sustainable and lasting recovery from the economic crisis.

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Service innovation and non-technological innovation

With lagging productivity and slow job growth, many OECD governments are looking for new sources of growth and have also recognised the importance of services in this regard. Services already account for around 70% of gross domestic product (GDP) in OECD countries. The expansion of services has largely been fuelled by globalisation and widespread use of information and communication technologies (ICTs) to provide more standardised services (health, education, government services). New market opportunities for services are also created by deregulation and privatisation of the public sector (financial, telecommunications and energy services) as well as by outsourcing of activities by manufacturing firms.

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